3.3.2026 09:00:00 CET | Danfoss A/S
3. marts, 2026 | Nordborg, Danmark
Hovedpunkter:
Disciplineret eksekvering og implementering af ny LEAP 2030-strategi viser resultater i alle forretningssegmenter.
Salget voksede organisk med 3% til 9,4 mia. EUR, drevet af en stærk vækst på 9% i andet halvår, mod -3% i H1.
Operationel EBITA-margin steg med 0,4 procentpoint til 12,9%, samtidig med at investeringer i innovation (R&D) blev øget til 5,3% af salget.
Cash flow nåede et rekordhøjt niveau på 734 mio. EUR, en stigning på 57%.
Vores egne CO2-udledninger (scope 1 og 2) blev reduceret med 33%.
For 2026 forventes et salg i intervallet 9,1–10,6 mia. EUR, og den operationelle EBITA-margin forventes at ligge mellem 12,8–14,3%.
“I 2025 forbedrede vi kvartal for kvartal vores finansielle resultater og leverede et rekordhøjt cash flow. Jeg er stolt af den stærke eksekvering, vores globale teams har leveret i dette volatile miljø. Det er også en fornøjelse at se, hvordan vores nye LEAP 2030-strategi og vores nye decentrale Operating Model allerede viser sin effekt. Resultaterne i 2025 er udtryk for robusthed og en stor dedikation og indsats fra vores engagerede teams globalt,” siger Kim Fausing, koncernchef i Danfoss.
Vores vækstmomentum blev betydeligt forbedret i løbet af 2025, og vi leverede 9% vækst i andet halvår. Det samlede salg nåede 9,4 mia. EUR, svarende til en organisk vækst på 3%. En svækket dollarkurs påvirkede vores omsætning negativt med 3%, hvorimod påvirkningen på vores operationelle EBITA-margin var begrænset på grund af vores regionale produktionsset-up. Den operationelle EBITA-margin blev løbende forbedret gennem året og landede på 12,9%, svarende til en forbedring på 0,4 procentpoint. Den operationelle EBITA udgjorde 1.213 mio. EUR. Cash flow nåede et rekordhøjt niveau på 734 mio. EUR, og sammen med en stærk balance er vi godt positioneret til fortsat at investere i både organisk og uorganisk vækst.
Ser man på den geografiske udvikling, forbedrede vi gennem året vores performance i Asien, primært drevet af Kina, hvor salget voksede med 13%. I Europa lader genopretningen af markedet vente på sig, og året sluttede med et fald på 2%. I Nordamerika leverede Danfoss Climate Solutions en imponerende organisk vækst på 26% drevet af stor efterspørgsel efter løsninger til datacentre. Danfoss Power Solutions oplevede også solid efterspørgsel fra datacentre i Nordamerika. Den fortsatte cykliske nedgang i landbrugssektoren trak dog den samlede vækst for segmentet ned, hvilket resulterede i en samlet tilbagegang på 2%.
Inden for vores forretningssegmenter leverede Danfoss Climate Solutions et stærkt og robust resultat, understøttet af høj efterspørgsel efter energieffektive løsninger, elektrificering og løsninger til datacentre. Danfoss Power Electronics and Drives viste ligeledes en solid udvikling, især drevet af Drives-forretningen. Danfoss Power Solutions oplevede positiv vækst i andet halvår. Også her var den positive udvikling drevet af datacentre, men segmentet var samtidig påvirket af lav efterspørgsel fra landbruget.
I 2025 fortsatte vi med at skalere vores datacenterforretning gennem tætte partnerskaber med hyperscalers, co-locaters og chipleverandører. Salget til datacentre udgør nu omkring 7% af vores samlede omsætning, hvilket næsten er en fordobling på et år. Vores innovative og bæredygtige teknologier til både luft- og væskekøling af datacentre udgør fortsat en af de vigtigste vækstmuligheder på tværs af alle tre forretningssegmenter.
“Med en stærk balance og et rekordhøjt cash flow er vi godt positioneret til fortsat at investere i både organisk vækst og M&A. De globale megatrends skaber fortsat betydelige muligheder for Danfoss, og med vores brede produktportefølje og globale tilstedeværelse har vi aldrig været mere relevante. Vi styrker løbende vores partnerskaber med kunderne og er godt rustet til fremtiden. Denne optimisme styrkes yderligere af det imponerende engagement, jeg ser på tværs af Danfoss her ved indgangen til 2026,” siger Kim Fausing.
Førende med branchens bredeste produktportefølje
Vi investerer målrettet i at have det bredeste sortiment af innovative, bæredygtige og konkurrencedygtige teknologier og løsninger. Samtidig fokuserer vi på at styrke vores førende positioner i de tre forretningssegmenter. I tråd med LEAP 2030-strategien er vores R&D-investeringer øget til 5,3% af salget.
I 2025 opkøbte Danfoss Power Solutions en ledende producent af fittings til hydraulikslanger, og vi styrkede dermed vores førende position inden for hydraulik til både mobile og industrielle anvendelser samt datacentre. I Danfoss Power Electronics and Drives har vi som led i vores aktive porteføljestyring besluttet at finde en bedre ejer til vores Automotive Electrification-forretning. Som konsekvens heraf er denne forretning blevet reklassificeret som ophørende aktivitet i vores årsrapport.
Styrkelse af produktionskapaciteten regionalt
Vi investerede 342 mio. EUR i CapEx for at styrke og udvide vores produktionskapacitet med nye fabrikker i Amerika, Europa og Kina. Investeringerne i fabrikker lokalt bringer os tættere på vores kunder og øger konkurrenceevnen, serviceniveauet og vores robusthed. Samtidig har vi udvidet kapaciteten i vores Application Development Centers (ADC’er) og laboratorier. Her oplever vores kunder Danfoss-teknologier i deres applikationer.
Stærk digital rygrad på plads
I 2025 er vi fortsat med at høste fordelene af vores betydelige investeringer i vores digitale infrastruktur, rene data og automatiserede processer. Vi kan nu anvende AI, hvor det skaber reel værdi og forøger hastighed og præcision med henblik på en forbedret kundeoplevelse og en øget produktivitet. Et eksempel er vores håndtering af kundeordrer. I dag modtages og håndteres 75% af alle kundeordrer digitalt, og der er et betydeligt potentiale i anvendelse af AI.
Bæredygtighed driver vores konkurrenceevne
Bæredygtighed er integreret i vores LEAP 2030-strategi og en central del af det, vi tilbyder vores kunder. I 2025, fem år før tid, nåede vi vores tidligere SBTi-validerede mål om at reducere egne udledninger (scope 1 og 2) med 46,2% inden 2030. Det vidner om en effektiv eksekvering af vores dekarboniseringsinitiativer. Alene i 2025 reducerede vi vores egne udledninger med 33%. På den baggrund har vi skærpet ambitionsniveauet yderligere med et opdateret, kortsigtet SBTi-valideret mål og et nyt, langsigtet mål om at opnå net zero-udledning i hele værdikæden inden 2050. Vi har desuden forbedret vores ratings hos både EcoVadis og CDP.
Finansielle forventninger til 2026
Vi har fortsat en ambition om at øge eller fastholde vores markedsandele. Salget forventes i intervallet 9,1-10,6 mia. EUR for hele året. Den operationelle EBITA-margin forventes mellem 12,8-14,3% efter fortsatte investeringer i nye produkter og løsninger. Vi fastholder vores ambitiøse mål om konkurrencedygtig dekarbonisering af vores egen drift globalt inden 2030.
Hoved- og nøgletal for 2025
Salget nåede 9.430 mio. EUR (2024: 9.496 mio.) med en organisk vækst på 3%.
Investeringer i innovation (R&D) steg til 503 mio. EUR (2024: 476 mio.), svarende til 5,3% af salget (2024: 5,0%).
Operationel EBITA nåede 1.213 mio. EUR (2024: 1.185 mio.), hvilket førte til en operationel EBITA-margin på 12,9% (2024: 12,5%), en stigning på 0,4 procentpoint.
Resultat efter skat nåede 446 mio. EUR (2024: 370 mio.), en stigning på 21%.
Investeringer (CapEx) fraregnet M&A var 342 mio. EUR (2024: 362 mio.), svarende til 3,6% af salget.
Cash flow efter finansielle poster og skat (før M&A) udgjorde 734 mio. EUR (2024: 467 mio.), en stigning på 57%.
Om Danfoss A/S
About Danfoss A/S: Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.
Our solutions are used in areas such as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, marine, and on- and off-highway equipment. We also provide solutions for data centers, renewable energy, energy storage, heat recovery, as well as contribute to district energy solutions for cities.
Our innovative engineering dates back to 1933. Danfoss is family-owned and employs over 39,000 people. We create long-term value for our customers in more than 100 countries with a global footprint of around 100 factories.
For further information please contact:
Lars Grubak Lohff, Head of Media Relations
Phone: +45 29266754
Email: lars.lohff@danfoss.com
Vedhæftninger
DK AR25 Press release.pdf
3.3.2026 09:00:00 CET | Danfoss A/S
March 3, 2026 | Nordborg, Denmark
Key highlights:
Disciplined execution and implementation of new LEAP 2030 strategy delivering impact across all segments.
Sales grew organically 3% to EUR 9.4 billion with -3% in H1 and 9% in the second half.
Operational EBITA margin increased 0.4% points to 12.9%, with investments in innovation (R&D) increasing to 5.3% of sales.
Cash flow reached a record-high level of EUR 734 million, up 57%.
Scope 1 and 2 carbon emissions reduced by 33%.
The 2026 sales outlook is in the range of EUR 9.1–10.6 billion and operational EBITA margin is expected to be in the range of 12.8–14.3%.
“In 2025, we improved our financial performance quarter-by-quarter, delivering record-high cash flow. I’m proud of the disciplined execution demonstrated by our global teams in this volatile environment. I’m also pleased with how our new LEAP 2030 strategy and our decentralized operating model are already showing impact. Our achievements and our resilience in 2025 are the result of the continued dedication of our highly engaged global teams,” says Kim Fausing, President and CEO at Danfoss.
Throughout 2025, our growth momentum improved significantly and we delivered growth in the second half of 9%. Total sales reached EUR 9.4 billion and grew 3% organically. Our total sales were negatively impacted by a weakening US dollar rate, with an impact of -3%, while our regionalized manufacturing footprint ensured a limited impact on our EBITA margin. Operational EBITA margin also continued to improve throughout the year, increasing 0.4% points to 12.9%. Operational EBITA amounted to EUR 1,213 million. Cash flow amounted to a record-high EUR 734 million and together with a strong balance sheet, we are well positioned to continue investing in our business, supporting growth both organically and inorganically.
Our performance in Asia improved throughout the year, driven by China which saw 13% sales growth. The signs of recovery in Europe remained less pronounced, ending the year with -2% growth. In North America, Danfoss Climate Solutions delivered 26% organic growth, driven by strong data center demand. Danfoss Power Solutions also experienced strong demand from data centers in North America, but this was offset by the negative impact from the downturn in the agricultural market, resulting in a negative sales growth of 2% in Danfoss Power Solutions.
Across our segments, Danfoss Climate Solutions delivered a strong and resilient performance, supported by the demand for energy efficiency, electrification, and data center solutions. In our Danfoss Power Electronics and Drives segment, we delivered a robust performance, driven particularly by our Drives business. Danfoss Power Solutions returned to growth in the second half also driven by data centers, yet was negatively impacted by low demand in agriculture.
In 2025, we continued to scale our data center business, growing and partnering with hyperscalers, co-locaters, and chip suppliers across our regions. Global data center sales reached approximately 7% of our total sales, almost doubling year-on-year. Our innovative and sustainable technologies for both air and liquid-cooled data centers remain one of our high-growth opportunities across our three business segments.
“With a strong balance sheet and record-high cash flow, we are well positioned to continue investing in our business, driving organic growth and M&A. Global megatrends continue to create significant opportunities for Danfoss, and we have never been more relevant with our broad product offering and global presence. We continue to strengthen our customer partnerships and are well positioned for the future. As we have entered 2026, I feel both confident and energized by the engagement I have seen across Danfoss,” says Kim Fausing.
Leading with the broadest portfolio
We invest to deliver the broadest portfolio of innovative, sustainable, and competitive technologies and solutions in the industries we serve and focus on strengthening our leading positions in our three business segments. In line with our LEAP 2030 strategy, our R&D investments increased to 5.3% of sales.
In 2025, our Danfoss Power Solutions segment acquired hose fittings manufacturer Hydro Holding, strengthening our leading position in fluid conveyance for mobile and industrial hydraulics as well as data centers. In Danfoss Power Electronics and Drives and as part of our active portfolio management, we have taken steps to find the best future owner of the Automotive Electrification business. As a consequence, this business is reclassified as discontinued operations in our financial statements.
Strengthening our regional footprint
With a CapEx of EUR 342 million, we further expanded our global factory footprint across the Americas, Europe, and Asia to better serve customers locally, increase competitiveness, and strengthen resilience. We also continued to expand capacity in our Application Development Centers (ADCs) and laboratories. This is where customers experience our technologies within their own applications.
Strong digital backbone in place
We continued to realize the benefits of our significant investment in our digital infrastructure, clean data, and automated processes. We can now apply AI seamlessly where it creates real value – enhancing speed and accuracy to improve the customer experience and productivity. Today, 75% of all customer orders are received and handled digitally with significant additional potential by deploying AI.
Sustainability as a driver of competitiveness
Sustainability is embedded in our LEAP 2030 strategy as this is an integrated part of our value proposition. In 2025, five years ahead of plan, we achieved our former SBTi-validated target to reduce our own emissions (scope 1 and 2) by 46.2% by 2030, demonstrating the effectiveness of our decarbonization initiatives. In 2025 alone, we reduced our own emissions by 33%. We reaffirmed our commitment to decarbonization with an updated near-term SBTi-validated target and a new long-term SBTi-validated target, to achieve net-zero across the value chain by 2050. We also improved our ratings scores with EcoVadis and CDP.
Outlook 2026
Danfoss has a continued ambition to expand or maintain our market share. Sales are expected to be in the range of EUR 9.1-10.6b for the full year. The operational EBITA margin is expected to be in the range of 12.8-14.3%, following our continued investments in new products and solutions. We remain committed to our ambitious target to competitively decarbonize our global operations by 2030.
Key figures from 2025:
Sales reached EUR 9,430m (2024: 9,496m) with an organic growth of 3%.
Investments in innovation (R&D) increased to EUR 503m (2024: 476m), corresponding to 5.3% of sales (2024: 5.0%).
Operational EBITA reached EUR 1,213m (2024: 1,185m), leading to an operational EBITA margin of 12.9% (2024: 12.5%), an increase of 0.4% points.
Net profit reached EUR 446m (2024: 370m), an increase of 21%.
Investments (CapEx) excluding M&A were EUR 342m (2024: 362m), amounting to 3.6% of sales.
Free operating cash flow after financial items and tax (before M&A) amounted to EUR 734m (2024: 467m), an increase of 57%.
About Danfoss A/S
About Danfoss A/S: Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.Our solutions are used in areas such as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, marine, and on- and off-highway equipment. We also provide solutions for data centers, renewable energy, energy storage, heat recovery, as well as contribute to district energy solutions for cities.Our innovative engineering dates back to 1933. Danfoss is family-owned and employs over 39,000 people. We create long-term value for our customers in more than 100 countries with a global footprint of around 100 factories.
For further information please contact:
Lars Grubak Lohff, Head of Media Relations
Phone: +45 29266754
Email: lars.lohff@danfoss.com
Attachments
ENG – AR25 Press release.pdf
